Tucson, AZ · Cert 35547
FDIC · 1 branch
Q2 2023
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2023, the quarter ended June 30, 2023, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Tucson, AZ · Cert 35547
FDIC · 1 branch
Q2 2023
Market Position · Tucson, AZ · 2023 SOD (annual) · 0.8% share · #13 of 18 inst. · $0.2B of $20.4B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.70% | 0.72% | 0.41% | 0.43% | 0.54% | 1.00% | 0.44% | -1.61% | -204 bps | |
| Return on Equity | 7.45% | 7.70% | 4.02% | 4.26% | 5.44% | 9.61% | 3.74% | -14.11% | -1,838 bps | |
| Net Interest Margin | 3.74% | 3.52% | 3.10% | 3.10% | 2.81% | 3.08% | 4.02% | 4.05% | +95 bps | |
| Efficiency Ratio | 80.64% | 79.39% | 85.85% | 84.45% | 80.78% | 69.62% | 86.46% | 138.65% | +5,419 bps | |
| Non-Interest Burden | 2.68% | 2.56% | 2.49% | 2.57% | 2.27% | 2.14% | 3.49% | 5.67% | +311 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 16.43% | 16.71% | 11.76% | 35.88% | 53.89% | 23.29% | 23.87% | 5.61% | -3,026 bps | |
| Loan Growth (YoY) | 17.50% | 6.63% | 0.70% | 6.70% | 13.77% | 6.85% | 10.96% | 2.69% | -401 bps | |
| Deposit Growth (YoY) | 33.43% | 25.63% | 21.10% | 54.69% | 67.83% | 28.12% | 20.69% | -5.77% | -6,046 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 0.69% | 0.63% | 0.63% | 0.70% | 0.73% | 0.71% | 0.75% | 0.75% | +5 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 11.12% | 10.61% | 12.19% | 10.89% | 10.80% | 11.60% | 12.48% | 10.91% | +2 bps | |
| Total Risk-Based Capital | 35.51% | 32.45% | 44.08% | 32.31% | 36.50% | 36.86% | 34.65% | 31.34% | -97 bps | |
| Equity / Assets | 9.99% | 9.26% | 11.06% | 9.68% | 10.00% | 11.99% | 11.50% | 10.85% | +117 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 82.35% | 80.27% | 78.28% | 62.82% | 55.83% | 66.95% | 71.98% | 68.46% | +564 bps | |
| Liquid Assets / Assets | 22.95% | 26.10% | 17.47% | 14.42% | 25.57% | 15.46% | 21.06% | 23.62% | +920 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |